In millions, except per share items | Jun-30-23 | Jun-30-22 | Jun-30-21 | Jun-30-20 | Jun-30-19 | Jun-30-18 | Jun-30-17 | Jun-30-16 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Operating activities | | | | | | | | |
Net income | 174.9 | 268.3 | 304.6 | 292.2 | 284.1 | 257.6 | 449.5 | 235.2 |
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Adjustments to reconcile net income to net cash from operating activities: | | | | | | | | |
Depreciation and amortization | 133.8 | 129.1 | 121.1 | 152.8 | 140.2 | 123.1 | 104.0 | 84.2 |
Equity in net income of unconsolidated affiliates | -16.1 | -23.5 | -21.1 | -12.5 | -5.7 | -1.2 | -14.7 | -21.6 |
Deferred income taxes | 71.4 | 56.8 | -83.7 | 68.0 | 11.9 | 233.3 | 60.7 | 25.7 |
Stock-based compensation | 13.7 | 46.2 | 35.4 | 20.7 | 29.0 | 28.8 | 26.1 | 48.7 |
(Gain) loss on FFF Put and Call Rights | | -64.1 | 27.4 | -4.7 | 0.0 | 22.0 | 3.9 | |
Changes in operating assets and liabilities, net of the effects of acquisitions: | | | | | | | | |
Accounts receivable, inventories, prepaid expenses and other assets | 64.3 | 124.7 | -68.0 | -121.7 | -11.1 | -27.2 | | |
Contract assets | -41.1 | -47.2 | -51.7 | -8.2 | -36.5 | | | |
Net cash provided by operating activities | 444.5 | 444.2 | 407.4 | 349.5 | 505.3 | 507.7 | 392.2 | 371.5 |
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Investing activities | | | | | | | | |
Purchases of property and equipment | -82.3 | -87.4 | -88.9 | -94.4 | -93.4 | -92.4 | -71.4 | -77.0 |
Acquisition of businesses and equity method investments, net of cash acquired | -187.8 | -26.0 | -84.5 | -121.6 | -50.9 | | -382.6 | |
Investment in unconsolidated affiliates | -2.1 | -16.0 | | -10.2 | | | -65.7 | -3.3 |
Other | -1.5 | -10.0 | -1.2 | 3.9 | -7.8 | | 0.0 | 0.0 |
Net cash used in investing activities | -273.6 | -139.4 | -174.6 | -222.3 | -129.5 | -92.7 | -465.1 | -159.6 |
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Financing activities | | | | | | | | |
Payments made on notes payable | -100.9 | -99.2 | -50.7 | -2.4 | -0.7 | -8.0 | -5.5 | -2.1 |
Proceeds from credit facility | 470.0 | 325.0 | 225.0 | 400.0 | 50.0 | 30.0 | 425.0 | 150.0 |
Payments on credit facility | -405.0 | -250.0 | -225.0 | -350.0 | -125.0 | -150.0 | | |
Cash dividends paid | -100.2 | -96.5 | -102.8 | -48.9 | -57.8 | -79.3 | -90.4 | -92.7 |
Payments on deferred consideration related to acquisition of business | -27.9 | -28.6 | -29.2 | | | | | |
Proceeds from exercise of stock options under equity incentive plan | 6.1 | 37.8 | 9.4 | 6.7 | | | 9.2 | 3.6 |
Repurchase of Class A common stock (held as treasury stock) | | -250.1 | | -150.1 | -250.1 | -200.1 | | |
Distributions to limited partners of Premier LP | -100.2 | -96.5 | -102.8 | -48.9 | -57.8 | -79.3 | -90.4 | -92.7 |
Payments to limited partners of Premier LP related to tax receivable agreements | | | -24.2 | | | | | |
Other, net | -9.3 | 13.9 | -5.4 | -6.8 | 14.4 | 4.7 | | |
Net cash used in financing activities | -167.3 | -347.8 | -203.0 | -169.0 | -387.2 | -419.4 | -19.3 | -109.5 |
Effect of exchange rate changes on cash flows | 0.0 | 0.0 | | | | | | |
Net increase (decrease) in cash and cash equivalents | 3.7 | -43.0 | 29.8 | | | | | |